Kathmandu. Minister for Industry, Commerce and Supplies Anil Kumar Sinha stated that blending 10 percent ethanol in petroleum products could reduce Nepal's annual import bill by approximately 6 billion Nepali Rupees.Speaking at an event organized by the Society of Economic Journalists of Nepal (SEJON) in the capital on Sunday, Minister Sinha informed that the decision to blend ethanol in petrol has reached the final stage of implementation after extensive study and discussion. The government claims this move will significantly help in reducing the country's growing trade deficit and increasing foreign exchange reserves.Although studies on ethanol blending have been ongoing in...